Akero Therapeutics Begins Phase 3 Study on Efruxifermin for Liver Disease Treatment
Portfolio Pulse from Benzinga Newsdesk
Akero Therapeutics (NASDAQ:AKRO) has initiated a Phase 3 trial for its drug efruxifermin (EFX) aimed at treating patients with compensated cirrhosis due to metabolic dysfunction-associated steatohepatitis (MASH).
June 11, 2024 | 11:05 am
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Akero Therapeutics has started a Phase 3 trial for efruxifermin (EFX) to treat MASH-related liver disease, which could significantly impact its stock price.
The initiation of a Phase 3 trial is a significant milestone for any clinical-stage biotech company. Positive results could lead to FDA approval and commercialization, potentially driving the stock price up.
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